I have been studying web design for some time now and i have got to a level which i feel is professional.

I am going to set up as a web design company and offer my services to small and large businesses.

I am competent enough with my work but i am immensely worried about if there is enough work to go around?
How is everyone doing? I have heard that since the slowdown in economy and the fact that most companies allready have a website that work is getting harder and harder to find.

Also i have heard that even very talented and experienced web designers, database engineers, scripting masters ,etc - are having trouble finding work.

What kind of market am i stepping into? Is it a sinking boat?

Could anyone advise as of what to expect?

Many thanks